Northvolt: Quebec meets Swedish ambassador
Posted September 18, 2024 11:55 am.
The Legault government will meet with the Swedish ambassador on Wednesday, as Swedish company Northvolt faces financial difficulties that could jeopardize its battery plant project in the Montérégie region.
A spokesperson for the Minister for the Economy, Christopher Skeete, confirmed that the ambassador would be meeting with the company after Wednesday afternoon’s cabinet meeting.
When asked if the Northvolt issue would be discussed, the spokesperson said they didn’t have a list of specific topics that would be addressed.
Recently, Northvolt has had to readjust its strategic plan to cut costs, focusing solely on battery cell manufacturing.
The company has assured that it is “maintaining its commitments” for the construction of the other three major projects, including the cell plant in Montérégie, but that it will unveil the new schedule later this fall.
–This report by La Presse Canadienne was translated by CityNews
